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You deposited $12,000 four years ago into a bank account. Two years ago, you deposited an additional $21,204.94. Assume an annual interest rate of
You deposited $12,000 four years ago into a bank account. Two years ago, you deposited an additional $21,204.94. Assume an annual interest rate of 6% and annual compounding. How much will be in the account in twenty years from now? Use a $ symbol and a comma and zero decimal places. (i.e. $105,000)
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